1. The document contains questions about estate law, wills, succession, and taxes.
2. It asks the reader to identify true or false statements and select the correct answer among multiple choices.
3. The summary identifies the main topics covered but does not include any direct answers to respect the confidentiality of the document.
1. The document contains questions about estate law, wills, succession, and taxes.
2. It asks the reader to identify true or false statements and select the correct answer among multiple choices.
3. The summary identifies the main topics covered but does not include any direct answers to respect the confidentiality of the document.
1. The document contains questions about estate law, wills, succession, and taxes.
2. It asks the reader to identify true or false statements and select the correct answer among multiple choices.
3. The summary identifies the main topics covered but does not include any direct answers to respect the confidentiality of the document.
1. Estate tax is a tax on the right to spouse, which one is NOT? transfer property at death and on A. When the spouse justifiably refuses certain transfers which are made by to support the children or the other law the equivalent of testamentary spouse disposition and is measured by the B. When the spouse has accused the value of the property TRUE testator of a crime for which the law 2. The taxpayer in estate taxation is the prescribes imprisonment for six estate of the decedent as a juridical years or more and the accusation person TRUE has been found false 3. Executor is the person appointed by C. When the spouse by a court to carry out the directions fraud,violence,intimidation or undue and request of a decedent in his will influence causes the testator to male and dispose of his property a will or to change one already made according to his testamentary D. When the spouse has given cause provisions after death FALSE for legal separation 4. Every will may be in writing and executed in a language not Which of the following is not compulsory necessarily known to the testator heir FALSE A. Legitimate children and 5. The will of an alien residing abroad descendants, with respect to their produces effect in the Philippines if legitimate parents or ascendants made in conformity with the B. In default of letter a, legitimate formalities prescribed by law of the parents or ascendants, with respect place in which he resides TRUE to their legitimate children or 6. The rights to the succession are descendants transmitted from the moment the C. Widow or widower heirs receive their inheritance D. Relative by affinity FALSE 7. Brothers and sisters (whether half or The general term applied to a person whose full blood) of the decedent are not property is transmitted through succession compulsory heirs TRUE A. Decedent 8. There cannot be a disinheritance for B. Administrator compulsory heirs FALSE C. Executor 9. An heir who inherits a specific D. Heir personal property by will is known as E. devisee FALSE Justification for the imposition of transfer tax 10. Under the law on legitime, if the only A. Redistribution of wealth theory survivor is widow or widower, she or B. Benefit received theory he shall be entitled to one half of the C. State partnership theory hereditary estate of the deceased D. All of the above spouse, and the testator may freely dispose of the other half TRUE Which is true? Legal or intestate succession second will is silent as to the first will. What does not take place effect does the second will produce? A. If a person dies without a will, or with A. The 2nd will is void because he a void will, or one which has waived his right to revoke the first subsequently lost its validity will B. When the heir instituted is capable B. The first automatically revoked of succeeding because the existence of a C. When the will does not dispose of all subsequent will the property belonging to the testator C. The 2nd will annul provisions of the D. If the suspensive condition attached first will that are inconsistent with the to the institution of heir does not second will happen or is not fulfilled D. The first will shall subsist over the 2nd will because it is the original will Which if the following is not a valid will A. That which increases the legitime of a compulsory heir Which is not authorized to take charge of B. That which transfers the portion of the estate during intestate period? legitime to other successors other A. Executor than compulsory heir(s) B. Court C. That which reduces the free portion C. Administrator of the estate D. Heirs D. That which transfers a part of free portion to a compulsory heir Are persons to whom gifts of real property are given by virtue of a will Heirs, for estate tax purposes are classified A. Legatee as B. Devisee 1. Voluntary heirs 2. Compulsory heirs 3. C. Executor Legal or intestate heirs D. Administrator A. 1 only B. 1 and 2 only Statement 1. Inheritance refers to all the C. all of the above property, rights and obligations of a person D. none of the above which are not extinguished by death and all which have accrued thereto since the Statement 1. Sale on installment basis is opening of succession considered as an onerous transfer Statement 2. Rights which are purely Statement 2. A gift out of love to former personal are not transmissible for they are girlfriend is an onerous transfer extinguished by death A. Both statements are false B. True, False A. Both statements are false C. False, True B. True, False D. Both statements are true C. False, True D. Both statements are true Mr. Masipag executed a second will three months after he executed the first one. The Statement 1. Compulsory heirs include illegitimate children A person appointed by the testator to carry statement 2. In the absence pf compulsory out the provisions of the will is called heirs, relatives to the 3rd degree would A. Administrator inherit the estate B. Executor A. Both are false C. Enforcer B. True, false D. Beneficiary C. False, true D. Both are true Statement 1. Representation is a right created by fiction of law by virtue of which The elements of succession are the representative is raised to the place and 1. Decedent 2. Estate 3. Heirs 4. degree of the person represented and Administrators/Executors acquires the rights which the latter would A. 1 and 2 only have if he were living or if he could have B. 1,2, and 3 only inherited C. All of the above Statement 2. If a compulsory heir dies D. None of the above ahead of the testator, his legitime goes to the child by representation It deprives an heir to inherit properties by A. Both are false the decedent through issuance of a will B. True, false A. Disinheritance C. False, true B. Distributable share D. Both are true C. Legitimate D. Disqualification Statement 1. A "will" is an act whereby a person is permitted, with the formalities In legal succession prescribed by law, to control to a certain A. Only full blood brothers and sisters degree the disposition of his estate upon his may inherit death B. Even half blood brothers and sisters Statement 2. "Codicil" is a supplement or an may inherit addition to a will, made after the execution C. Half-blood brothers and sisters are of a will and annexed to be taken as a part, not considered collateral relatives thereof, by any disposition made in the D. Full blood brothers and sisters do original will is explained, added to, or not inherent altered. A. Both are false In default of testamentary heirs, the law B. True, false determines who are to succeed to the C. False, true inheritance of the deceased. Which one of D. Both are true the following ranks first in the order of succession? The tax imposed on the transfer of property A. Legitimated children without consideration between two or more B. Surviving spouse persons who are living at the time the C. Legitimate parents transfer is made D. Illegitimate parents A. Estate tax B. Business tax C. Donor's tax Which of the following statements is false? D. Personal Tax Transfer tax is A. Imposed upon gratuitous transfer of Which among the following are the kinds of property succession? B. Of two kinds, estate tax and donor's 1. Testamentary or testate succession tax 2.Legal or intestate succession C. Classified as national tax 3. Mixed Succession D. None of the above A. 1 only B. 1 and 2 only C. All of the above D. None of the above
A testator may execute a holographic will
instead of an ordinary will. Which among the following statements pertaining to holographic will is false 1. A person may execute a holographic will which must be entirely written, dated, and signed by the hand of the testator himself 2. A holographic will is subject to no other form, and may be made within or outside of the Philippines, and need not be witnessed 3. In case of an insertion, cancellation, erasure, or alteration in holographic will, the testator must authenticate the same by his full signature. A. 1 only B. 2 only C. all of he above D. none of the above
Which of the following is a valid will?
A. That which reduces the legitime of compulsory heirs B. That which increase the share of one heir without impairing the legitimate of the other heirs C. That which transfer the legitime of one heir to the other heir D. That which impair the legitimate of compulsory
BLAZEN, Ivan Thomas (1979) - Death To Sin According To Romans 6,1-14 and Related Texts, An Exegetical-Theological Study With A Critique of Views. Tesis Doctoral. Princeron Theological Seminary.